We Are in 'Financial Purgatory', the Fed Can't Save Us This Time: EB Tucker
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Financial Author E.B. Tucker believes the financial markets are in a sort of purgatory between realities, and the Fed is just as uncertain about where things are headed as investors are. E.B. thinks the era of cheap growth that allowed countless inefficient companies to expand is coming to an end, and a reckoning is on the way for the markets that investors should be aware of.
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00:00 Introduction
01:38 Market on Steroids
07:20 There's a Reckoning Coming
17:55 Real Cost of Cheap Growth
26:25 Need to Take Risks
28:35 How is E.B. Allocating Capital?
34:30 Mining Royalties
38:46 KoBold Metals Story
#stockmarket #thefed #economy
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